Austin Engineering Company Limited has announced that its Board of Directors will meet on Wednesday, May 27, 2026. The meeting is scheduled to take place at 2:00 p.m. at the company's Registered Office located in Patla, Ta. Bhesan, Dist. Junagadh. The primary agenda for the gathering is to consider and approve the audited financial results for the financial year ended March 31, 2026.

Agenda for the Meeting

The board will review the standalone and consolidated financial results for the fourth quarter and the full financial year. Additionally, the directors will take on record the Report of the Statutory Auditors regarding these financial statements. The meeting will also cover the consideration of the Board of Directors' report, along with necessary annexures and enclosures for the financial year ending March 31, 2026.

Annual General Meeting Plans

In addition to the financial results, the board is set to determine the logistics for the 48th Annual General Meeting (AGM) of the company. This includes fixing the specific date, time, and venue for the ensuing AGM. The directors will also decide on the book closure period and the cut-off date necessary to determine shareholder eligibility for participation in the AGM and e-voting process.

The notice confirms that the board may transact any other business with the permission of the Chairman during the session.

austin engineering company has announced the resignation of its Independent Director, Mr. Jagdishchandra Bhagwanjibhai Jagani, effective from the close of business hours on May 20, 2026. The company informed the BSE Limited that the resignation was submitted via a letter dated May 18, 2026, and was attributed to the director's pre-occupancy. The Board of Directors has accepted the resignation and noted that there are no other material reasons for the departure beyond those stated in the letter.

Board Committee Changes

Following the resignation, Mr. Jagani has ceased to hold positions on key board committees. He is no longer the Chairman or Member of the Audit Committee, the Nomination and Remuneration Committee, or the Stakeholders Relationship Committee. These changes are effective from May 20, 2026. The board placed on record its appreciation for Mr. Jagani's contributions and guidance during his tenure.

Director Details

The disclosure confirmed that Mr. Jagani does not hold directorships or memberships of board committees in any other listed entity other than Austin Engineering Company Limited. The company has completed the necessary formalities regarding the resignation through a circular resolution passed by the Board.